United Airlines (UAL) Tops Q2 EPS by 17c, Raises FY Guidance

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United Airlines Reports Second-Quarter 2018 Performance

July 17, 2018 4:15 PM EDT

CHICAGO, July 17, 2018 /PRNewswire/ -- United Airlines (UAL) today announced its second-quarter 2018 financial results. 

UAL reported second-quarter net income of $684 million, diluted earnings per share of $2.48, pre-tax earnings of $857 million and pre-tax margin of 8.0 percent. Excluding special charges and mark-to-market adjustments, UAL reported second-quarter net income of $889 million, diluted earnings per share of $3.23, pre-tax earnings of $1.1 billion and pre-tax margin of 10.4 percent. Ranked first among largest competitors in on-time departures in the quarter. UAL repurchased $407 million of its common shares in the second quarter. Consolidated passenger revenue per available seat mile (PRASM)... More